Royalgate Apartments

Address:

1234, ,

Number of Units:

122

Description:

The Royalgate Apartment Community (aka Royalgate / Timberwood) is a multi-family investment opportunity which offers a purchaser an excellent opportunity to purchase a property in the Spring Branch area of northwest Houston. There seems to be upside potential with continued interior upgrades and continued movement toward income stabilization. This well located property was renovated in 2013/14 and allows upside potential for a new owner with continued interior upgrades to the units that have not yet been upgraded. The physical plant is "C+" quality and the property is located in a "B+" area, less than 5 miles from some of Houston's major economic development areas, the Westchase District, Houston Chinatown, the Energy Corridor and the I-10 Business Corridor. The property is in close proximity to major retail, office space, single family residential areas and within a short 11 mile commute to Downtown Houston. The property is in close proximity to area schools, major retail, office complexes, area parks and shopping malls. PLEASE DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT MADE THROUGH THE BROKER.